Thursday, October 21, 2010

Old Gold Mine Explored

(Shotgun Exploration photo)

A former gold mine in the Rainy River district may be getting some new life.

Mineral Mountain Resources says its started preliminary exploration of the Straw Lake Beach Gold Mine, located about 50 kilometres north of Fort Frances.

The work comes as the Vancouver-based mining company received regulatory approval to earn 75-per cent of the property now owned by Shotgun Exploration, a private company from Atikokan.

The mine operated briefly during the 1930's before closing in 1941 due to a lack of adequate power and start of World War 2.